21621 Mountain Hwy Spanaway, WA 98387
- Auto shops
- 13,485 SF
- 3.46 lot acres
Current Use by Public Records
- Auto shops
Property Details for 21621 Mountain Hwy
- Year built
- 1972
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 3.46 lot acres
- Property size
- 13,485 SF
- Zone code
- CMUD
- Property type
- Auto shops
- APN
- 318104043
- APU
- 318104043
Description
This exceptional Spanaway, WA property offers a unique blend of commercial and industrial space, ideal for a variety of businesses. Situated on a 3.46-acre lot (150,718 sq ft) with a large, level, graveled, and fully fenced yard, this property boasts ample space for contractor yards, tractor/trailer parking, or other outdoor storage needs. The main building, constructed in 1972 and renovated in 1994, comprises 13,485 square feet across two stories, divided into five suites. The property's versatile nature accommodates multiple tenants, making it suitable for a range of uses, including executive office space, creative office space, manufacturing, and traditional warehouse/distribution. Its convenient location on SR-7 provides easy access to amenities. Utilities such as water, sewer, and electricity are included in the rental cost. The property's APN is 0318104043, located in Pierce County. The property's excellent security features include very well-lit yard space. This is a rare opportunity to acquire a substantial property with a combination of indoor and outdoor space, perfectly suited for a business seeking both office and yard space. Prospective tenants are responsible for verifying all information independently.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,330,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,515,000
- 6.5%
- $1,700,000
- 7%
- $1,430,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,385,000
- Geo Method
- $1,675,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,255,000
- Retail
- $1,530,000
- Mixed-Use
- $1,275,000
- Hospitality
- $1,420,000
- Educational
- $1,530,000
- Residential Income
- $1,580,000
- Energy
- $1,370,000
- Income-Based Land
- $1,600,000
- Food Service
- $1,515,000
Location Insight
- Map
- Local Demand
- City
- Spanaway
- County
- Pierce
- State
- Washington
- Longitude
- -122.404
- Latitude
- 47.0602
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
